$TA has fallen from 0.06010 to 0.04506 with barely a single green candle in between — this isn't a normal pullback, it's a straight liquidation cascade. RSI collapsing to 3.14 is one of the most extreme oversold readings you'll see, but extreme oversold in a falling knife doesn't mean reversal, it means exhaustion sellers are still winning.
Price is trading well below every EMA — 7, 25, and 99 — with zero attempt to reclaim even the short-term average. Until $TA closes back above EMA7 (0.04892), this is not a long setup, no matter how "cheap" it looks.
The smart move here isn't catching the bottom — it's waiting for confirmation. Let the RSI reclaim 30 and price reclaim EMA7 before even considering an entry.
Price is trading well below every EMA — 7, 25, and 99 — with zero attempt to reclaim even the short-term average. Until $TA closes back above EMA7 (0.04892), this is not a long setup, no matter how "cheap" it looks.
The smart move here isn't catching the bottom — it's waiting for confirmation. Let the RSI reclaim 30 and price reclaim EMA7 before even considering an entry.
